Market Updates

San Miguel de Allende Real Estate Market Update February 2021   Last month I mentioned that both the US and Canada had put new restrictions on people entering or re-enterin...

Realty San Miguel realizes that because of covid, buyer who live outside of Mexico and
who make the trip to San Miguel to purchase real estate are taking some additional risks...

Most of you will be happy to know that the data shows that real estate prices in San Miguel seems to have moved into a reality zone in the past few months.  Below I show th...

There was certainly more activity with potential buyers in October and the first week of November than there was in September. It seems that each month there are more people are...

If you have been reading my Market Updates recently you are probably aware that: San Miguel de Allende is sitting on almost four years of inventory depending on the price range. (...

This morning I was looking in our database and had the urge to see how many properties were listed for sale at a million or more dollars.  When I excluded listings of land on...

I want to talk about what no one else is talking about, which is San Miguel de Allende’s current four years of housing inventory backlog.  To preface the conversation, I...

As of July 15, 2020 San Miguel de Allende is open again with hotels and restaurants allowed to operate at a limited capacity.  Most stores, galleries and shops are also o...

Despite the real estate market booming in many suburbs in the US, that has not yet spilled over to San Miguel de Allende. I suspect the biggest reason is a combination of the diffi...

Comparable home prices in San Miguel have always been all over the board and a large number of overpriced homes is not unusual (explained below).  However, currently the numbe...

I thought it would be worthy to comment on the current disconnect between the real estate markets in the US and San Miguel de Allende and the opportunities I believe it represents...

What with the tendency in the mass media to exaggerate the negative and ignore the positive, a lot of people have got a distorted view of Mexico. The truth is that while there ar...

Since the world financial crisis began in late 2007, San Miguel de Allende has seen residential real estate prices fall anywhere from 35% to 55%, depending on the area of town....

From time to time I am going to let you know about listings that I think are really outstanding. It could be because they are so unusual, or well-designed or just great value. This...